The famous author of Rich Dad Poor Dad, Robert Kiyosaki, commented on the historic $100,000 mark of Bitcoin and called it a turning point for investors. According to him, Bitcoin is a cornerstone of his investment strategy and a vital asset in times of economic turmoil. He predicts an even more spectacular rise but foresees that it will become increasingly inaccessible to ordinary investors as the cryptocurrency rises.
Bitcoin’s $100K Milestone: A Game-Changer in Investment Strategy
Co-author of financial bestsellers and author of books like ‘Rich Dad Poor Dad,’ who made over 32 million book copies worth, to its credit, now 51 countries are translating their publications, with Kiyosaki advocating strongly as an integral holding in diversifying investment assets, refers to a critical milestone, Bitcoin price passing $100,000, as beyond just some financial indicator.
In a recent post on social media platform X, formerly Twitter, Kiyosaki celebrated this win for Bitcoin fans:
“Yay: bitcoin breaks $100,000. Congrats everyone.”
At the same time, though, he issued a caution. “When it gets past this area, it gets hard on people in the middle class to get into bitcoin,” Kiyosaki said, adding that is the level at which he aims to hold as much of the digital currency as possible. In April, he said:
“I will keep buying more bitcoin till it passes $100,000. Then I will stop. Not a time to get greedy.”
Kiyosaki currently holds 73 Bitcoins and is determined to have 100 in his wallet no matter how the price moves. Again, the message here is more fundamental: securing asset classes before they become too expensive for an average investor to afford to protect against economic instability.
Bitcoin at $500K by 2025 and Beyond
His bold predictions support the bullish position of Robert Kiyosaki on Bitcoin. Bitcoin will reach $500,000 by 2025, and it may even get to $1 million in 2030. He bases his predictions on the view that Bitcoin is gaining adoption, resists market volatility, and stands as a hedge against devaluation of fiat currencies.
Like some of the other prominent pro-Bitcoin advocates such as MicroStrategy’s Michael Saylor, who has predicted Bitcoin to reach $13 million, Kiyosaki is still very practical by stating that investors should prepare themselves for short-term drops before Bitcoins continue their upward trend.
His confidence in Bitcoin is bolstered by its decentralized nature, as well as the limited supply and resistance toward government interference. These characteristics distinguish it from fiat currency, which Kiyosaki calls “fake money”. By placing Bitcoin as a store of value, Kiyosaki encourages investors to let the market fluctuations pass and patiently wait for the returns possibly to be enormous.
Economic Warnings and Diversification Strategies
Aside from all this enthusiasm towards Bitcoin, Robert Kiyosaki further warns that everyone will be getting out of the U.S. dollar. He has the idea that BRICS economic nations such as Brazil, Russia, India, China, and South Africa are adopting their domestic currencies, further evidence away from the West. Considering these facts combined with inflationary trends and overall economic uncertainty means there is much pressure toward diversification of investment funds.
Robert Kiyosaki diversifies his strategy by focusing on hard assets such as gold, silver, and Bitcoin. According to him, these assets will save one from inflation and financial instability. Kiyosaki advocates for Bitcoin because it is independent of central banks and can be a hedge in a fast-moving global economy.
According to Robert Kiyosaki, the growth of Bitcoin directly relates to the devaluation of money. He explains that “since the dollar is no longer ‘as good as gold, there is an intense sense of urgency to possess things that can keep up your wealth in the long run.” Bitcoin, which has scarce quantities and is increasingly adopted by institutions, is, among other assets, one such instrument in this new economy.
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